Roth Ira Limits 2024 Vanguard India. This strategy allows you to move money from a pretax retirement account into a roth ira, bypassing income and contribution limits. In 2024, you can contribute a maximum of $7,000 to a roth ira.
Whether or not you can make the maximum roth ira contribution (for 2024 $7,000 annually, or $8,000 if you’re age 50 or older) depends on your tax filing status and your modified adjusted gross income (magi). If you are 50 and older, you can contribute an additional $1,000 for a total of $8,000.
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